Mondelez International, Inc. $MDLZ Shares Sold by Compagnie Lombard Odier SCmA

Compagnie Lombard Odier SCmA lessened its holdings in Mondelez International, Inc. (NASDAQ:MDLZ) by 1.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 781,670 shares of the company’s stock after selling 13,066 shares during the period. Compagnie Lombard Odier SCmA’s holdings in Mondelez International were worth $45,212,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. OLD Republic International Corp increased its stake in Mondelez International by 156.6% during the 4th quarter. OLD Republic International Corp now owns 414,100 shares of the company’s stock worth $22,291,000 after buying an additional 252,700 shares during the period. Allstate Corp increased its position in shares of Mondelez International by 107.7% during the fourth quarter. Allstate Corp now owns 97,522 shares of the company’s stock worth $5,250,000 after acquiring an additional 50,562 shares during the last quarter. BNP Paribas Financial Markets increased its position in shares of Mondelez International by 41.0% during the fourth quarter. BNP Paribas Financial Markets now owns 4,006,627 shares of the company’s stock worth $215,677,000 after acquiring an additional 1,166,036 shares during the last quarter. VCI Wealth Management LLC acquired a new position in shares of Mondelez International in the fourth quarter worth about $970,000. Finally, PKO Investment Management Joint Stock Co boosted its holdings in Mondelez International by 115.0% in the fourth quarter. PKO Investment Management Joint Stock Co now owns 101,066 shares of the company’s stock valued at $5,440,000 after purchasing an additional 54,066 shares during the last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Stock Performance

Shares of NASDAQ MDLZ opened at $63.61 on Friday. The company has a quick ratio of 0.40, a current ratio of 0.60 and a debt-to-equity ratio of 0.62. The firm’s 50-day moving average price is $61.17 and its two-hundred day moving average price is $59.92. Mondelez International, Inc. has a 52-week low of $51.20 and a 52-week high of $66.65. The stock has a market capitalization of $81.19 billion, a P/E ratio of 23.39, a P/E/G ratio of 2.58 and a beta of 0.38.

Mondelez International (NASDAQ:MDLZ) last posted its earnings results on Tuesday, July 28th. The company reported $0.73 EPS for the quarter, beating the consensus estimate of $0.68 by $0.05. The company had revenue of $9.36 billion during the quarter, compared to analyst estimates of $9.21 billion. Mondelez International had a return on equity of 14.07% and a net margin of 8.86%.The business’s revenue was up 4.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.73 earnings per share. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. As a group, sell-side analysts forecast that Mondelez International, Inc. will post 3.05 earnings per share for the current year.

Mondelez International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date was Tuesday, June 30th. Mondelez International’s dividend payout ratio is presently 73.53%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Freedom Capital lowered Mondelez International from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 26th. JPMorgan Chase & Co. upped their target price on Mondelez International from $70.00 to $72.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Barclays increased their target price on Mondelez International from $68.00 to $70.00 and gave the company an “overweight” rating in a research note on Thursday, July 30th. Weiss Ratings upgraded shares of Mondelez International from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, August 3rd. Finally, Morgan Stanley reissued an “overweight” rating on shares of Mondelez International in a report on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat.com, Mondelez International presently has an average rating of “Moderate Buy” and a consensus price target of $67.30.

About Mondelez International

Mondelez International is a global snacks company headquartered in Chicago, Illinois, formed in 2012 when Kraft Foods split to create a business focused on snack foods and a separate North American grocery company. Mondelez develops, manufactures, markets and distributes a broad portfolio of snack products intended for retail, foodservice and e‑commerce channels around the world.

The company’s product mix centers on biscuits and cookies, chocolate and confectionery, gum and candy, and savory crackers and baked snacks.